Boaz Manor

TORONTO (HedgeWorld.com)--A series of disagreements about appropriate disclosure among the various entities working to untangle the collapse of the Portus Alternative Asset Management Inc. hedge fund has thus far held up progress, but several compromises may be in the works. According to a report from KPMG Inc., the court-appointed receiver...

TEL AVIV, Israel (HedgeWorld.com)--This time the judge really, really means it. A judge in Israel on Monday [Jan. 9] gave Boaz Manor, the founder of the now defunct Canadian hedge fund Portus Alternative Asset Management, seven days either to produce US$10 million in diamonds he bought with money from the...

TORONTO (HedgeWorld.com)--Another week, another report from court-appointed receiver KPMG LLC in the case of the now-defunct hedge fund firm Portus Group. This time, KPMG told the Ontario court handling the case that various entities involved with Portus, either as investors or as recipients of investments from Portus Alternative Asset Management...

TORONTO (HedgeWorld.com)--An Ontario court ordered the creation of a hardship committee for investors in the Portus hedge fund group, and called for the examination of one of the group's key salesman, as the firm's tangled affairs still have investigators shaking their heads. In an order April 27, Judge C.L. Campbell...